Is this device really worth getting?

I mean I already have a rooted Nook Color with Android installed on it and it runs pretty smooth..
Should I consider buying the Nook Tablet just for the faster processor and RAM? Or is it pretty much the same?

If you already have a NC with CM7 (assuming you're not using stock B&N software) on it, there is little reason to move to the NT...until it gets root and ROMs. It all depends on what you want to be able to do. Besides, if your NC does everything you want it, why upgrade?

i'm trying to decide as well. I think it depends on how much support this will receive.

It is not worth it if we never see ics on it and certainly if it doesn't get any version of cm7. ics should run much better on here vs. the NC. I think the NC will be pushing the hardware to run ics really well. Apart from that I don't think there is a huge difference. If you run stock quite a bit it should be much better/quicker.

I run cm7 off of sd now and still use stock for some things, i can't live without cm7. when 1.4 comes out for nookcolor i think comparisons will be really easy to make and again when cm7 or 9 get on the nook tablet-a real comparison of what you get will be easy to make.

That all depends on your needs... Ask yourself what you with your Nook Color...
Is it primarily for reading books or are you using it as a full-fledged tablet?

If you used ManualNooter, then you'll see some similarities with the options that were unlocked in your Nook Color.
If you are looking to use apps, you may not be as impressed with the NTab at launch - it has the same app limitations as a stock NC. (No sideloading apps at present.) Perhaps that will change with NTab user demands, but only time will tell...

Do you watch a lot of video on your NC? If so, then you might like the NTab more, as the screen quality has been bumped up quite a bit. So far, it still only handles the same video formats as the Nook Color, but the screen and GPU are much more powerful, yielding a much richer video playback experience overall.
(I'm talking about playing mp4 encoded video files off a microSD card - YouTube and Netflix streaming aren't as important to me as using the NTab as a media player, so I can't speak for HD streaming via 'the web'.)

The speed of the NTab is the most impressive thing - It is *VERY* fast.
Pop into your local Barnes and Noble and test drive it - it's a completely different device than a stock or rooted Nook Color. You'll get that within minutes of testing it out.

I received my Kindle Fire last night and doubt I will end up keeping it. I had a Nook Color that flew off my Subaru at 50 MPH and did not survive. I decided to put off repurchasing it for what would become the Kindle Fire.

Now that I have it, I miss my Nook Color even more. It had a home button, volume rockers, and an SD card slot that the Fire does not have. It also feels much more comforable in my hands. The Fire is heavier in a smaller footprint. The UI seems 3/4 baked. I get the feeling that Amazon released a very basic tablet at a very aggressive price point. I imagine they will release a pro version of the Fire in the future.

That being said, I am going to try the Fire for the next few weeks and most likely return it during before 30 days. I am an Amazon Prime customer, so my purchases are mostly within the Amazon ecosphere. If the Nook Tablet is rooted, I will likely pick it up. If not, I may opt for a new Nook Color at the lower price and put what I want on it.

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